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of these agenda items through. >> every bit of it. >>> a u.s. senator's travel habits are under fire right now and may land him in serious legal trouble. we have the document showing that senator bob menendez, did not, as requested, to report that he accepted free plane trips. >>> and the fall of a man who was once the most catholic leaders in the united states. it's chevy truck month! silverado was also recognized for the lowest cost of ownership. hey, what are you gonna do with it? end table. oh. [ male announcer ] it's chevy truck month. now get 0% financing for 60 months, plus trade up to get $1,750 total allowance on a silverado all-star edition. or trade up and choose customer cash plus option package discount for a total value of $7,250. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business p
: this is "the new york times" from february 20th. budget cuts seen as risk to growth in the u.s. economy. the cuts, most likely would reduce growth by 1 1/2 of a percentage point in 2013, according to a range of government and private forecasters. that could be enough though to again slow the arrival of a recovery, producing instead another year of sluggish growth and high unemployment. >> guest: well i guess if you take it from "the new york times" perspective you could make that argument because i think they see already a slowing in growth happening and this makes a convenient fall person for bad public policy been in place under four years of obama administration. we have slowed growth. it has been very stagnant. there are a lot of reasons for it. there are a lot of friction points put in place in our economy that need to be fixed. until we get our confess and the president of the united states to work together and begin to remove those friction points we'll continue have slow growth. if you look at a same slide you had up a moment ago ago, shows the sequester on the right hand of tha
," the u.s. is going to sue s&p for the ratings on these loans. what's going on there? can americans get money from that? >> it's unclear. it sounds as if the u.s. does win, is successful, there would likely be some compensation or some monetary award. >> explain this quickly. they're suing s&p for giving high ratings, high marks to these companies that were on shaky ground, to say the least. >> they're suing -- they're likely going to sue, according to the story of s&p, because s&p rated certain securities and certain packages of things that these financial firms had, gave them high ratings. >> gave the federal's actual instrume instruments the high ratings. >> didn't deserve those ratings. as a result, companies either kept them on their books and they went out and tried to sell them. >> so the justice department is going to sue s&p, going to get all this money, this pot of money -- >> you're jumping two or three sets ahead. that's their hope. >> who will get the money at the end? >> from the stories, i can't tell, likely go to the government and the government would disperse some of t
an american citizen, killed in a drone strike three weeks later. it is legal for the government to kill u.s. citizens if they believe they're senior al-qaida leaders. 11 senators, most democrats have demanded the president provide legal justification. >> far fewer civilians lose their lives in an effort to go after senior leadership in al- qaida as opposed to invade a country with hundreds and thousands of troops. >> it violates the idea of having world law and having the architect of the program get a promotion and brought up for cia directer. they have to ask some hard questions. >> he will likely face questions about water boarding as well. he once said that the techniques did save lives. in a senate questionnaire, he backed off about said he had some personal objections to the techniques. >>> in other news, defense secretary is also testifying today. he will give more details about the attack on the u.s. embassy in libya. >>> he announced wednesday he has approved cutting the number of aircraft carriers from two to one. the cuts come at a time of increasing tensions across the globe. so
. germany, close to 2% off and france over 2% and the ftse down materially. u.s. stocks to drop yesterday's session on that uncertainty in europe. stocks steadily declined throughout the day. and accelerated losses during the final hour. the dow and the s&p tuning in their worst days of the year. major asian markets also trading lower. exporters exposure to europe, they were hit particularly hard, as you'd expect. and u.s. equity futures at this hour, we have green arrows and things might turn themselves around today. fed chairman ben bernanke is going to be heading to capitol hill this morning for day one of his hemp free hawkins testimony. he's expected to defend the central bank's bond buying and likely one that automatic spending cuts pose risk. cnbc is going to have complete coverage all day. and our guest host this hour is ready to tackle all of these issues. >> this yesterday was -- thanks. we saw yesterday and you know he's not becky. you did say here with becky. he was sitting right there. he looks nothing like her. >> every morning when you say the same thing -- >> i know. andre
. an american hero, considered the most lethal sniper in u.s. history, was killed in a shooting in a texas gun range. welcome to a brand-new hour, here inside america's news headquarters. >> eric: good morning. he survived war zones, but was tragically killed in texas, where the former noted navy seal chris kyle was gunned down while reportedly helping a soldier, suffering from ptsd. kyle was a decorated veteran of the war in iraq. high served four tours and earned a number of medals for distinguished service and wrote a book about his time as a sniper. he is credited with worn 50 kills of insurgents. we go live to the new york city newsroom with the heart-breaking story. >> reporter: that's right. chris kyle, known as the u.s. military's most lethal sniper, and another man were killed at the rough creek lodge, outside of fort worth, texas. the accused shooter's believed to be a troubled, former soldier, now custody, after a dangerous pursuit. the loss has stunned the military community in which he was revered as an example of service and excellence. he wrote the best-selling auto biography, "
with the company. >>> meantime, buyout vaufrs come up short. >>> and a u.s. judge says that bp recovered 810,000 of barrels of oil from its 2010 gulf of mexico spill site. the judge ruled that this amount should be excluded from certain penalties that the company may face, cutting its maximum fine by as much as $3.5 billion. a spill-related civil trial as we've been reporting this week is due to start next week in new orleans. >>> at the top of the show, you said something that made me think of ground hog day. you said markets at a new five--year high. >> i said new -- i don't like to say fresh. and you really don't need to say new five-year high -- >> five-year high -- >> but i see it every. where i saw -- >> we say it every day, too. seems like we've been in this position. five-year high. five-year high. ♪ >> we're not that far from a new high. >> a real new high. >> hopefully. how many people -- remember yesterday, how many people said, no, this can't go much -- we've got to have a correction. and you know, a lot of times that's a lonesome cry after a while about the correction and they
along with joe kernen and andrew ross sorkin. keeping an eye on the u.s. equity foourchs, well, after a couple of days of declines, dow futures are up significantly this morning. that's a gain of 50 points above fair value. the s&p 500 is opening up by about 6 points and this comes after two days of declines and a lot of questions about whether this rally has tapped out, at least for the moment. among the key market drivers this week, the fed and the conversation continues today. boston fed president eric rosengren and fed governor jerome powell will be speaking at a forum in new york. you don't have to wait until then to get inside scoop on the central bank. james bullard will be our special ges guest, with us starting at 7:00 a.m. eastern time, and this is huge given all the news from the fed this week and all the questions the market has been asking. the two-days of declines we've seen in the markets has pretty much all been blamed on the markets that we got a couple of days ago. we will talk to jim about everything that was happening inside the room and try to get his take to wher
, art, certainly we have a lot of deals going on. the biggest month for u.s. deals since june 2008. it's the gdps around the world putting a wrempbl into futures this morning. >> particularly in europe, shares of gdp reports knocked europe for a tailspin here. not too much valentine's day cheer showing up. so far beginning to look like the dow has given up rallying for lent. let's hope that doesn't continue. >> lent is a long time so let's hope not. in terms of the g-20, it's sort of a photo-op and that's it. is it much more important this time around as there's so many statements regarding currency manipulation being bandied about, having an impact on currency market and equity markets. >> you're absolutely correct. it went from g 7 comments to possibly right on the main table. g-20 meeting. the thrust is the end. how do we keep this orderly and prevent an outright currency war from breaking out. we've got a lot of american message fund players going along. half the world appears to be short the end believing this is going on. >> a longtime strategy to a certain extent, worries about
cancelled across the country, and here at the three major airports in new jersey and new york, many of the u.s. airlines decided to cut off departures by 5:00 tomorrow and not to resume until after noon tomorrow, and if we did go inside earlier today and there are no lines. there are no lines for checkin there are no lines for security, and the reason is, when we check the board, the monitors for departures and arrives, everything was cancelled. most everything was cancelled. we found some people waiting in here. one guy from france said his flight was cancelled. tonight he has to wait until tomorrow to get a flight and doesn't know what he is going do he has to try to get a hotel to, otherwise he is staying here. we did find some people that had a flight at 6:30. their airline called them and changed the flight to earlier. so they were supposed to get oust here at 5:00 so they're hoping they wail be able to do that before at the brunt of the storm hits, get out of here and get to their destination safely. but it is just a ghost town here. it appears that a lot of the airlines did call people
here and joining us. as you said, it is a good day to here be here. we've been watching the u.s. equity futures because of all the actions yesterday. this morning, you did see a few green arrows, but no massive move at this point. the magic number is 14,164.53. that is the record closing high for the dow. it was reached back on october of 2007. the bulls -- a number of catalysts for monday's sharp sell down. some are calling this the bernanke bounce. the stocks soared after the two-day testimony on capitol hill. >> the evidence thus far is that the housing market is hit the bottom and is recovering. we've seen rising prices over the last year or so. we're seeing some significant increases in starts. and sales. foreclosures are still too high, but they're coming down. the number of people under water on their mortgages is coming down. so we're still far from where we would like to be. but the evidence is that the housing market is strengthening and that low mortgage rates are one reason for that strengthening. >> although a long period of low rates could encourage successful risk taking
's the higher end of walmart's previously issued guidance range. the world's largest retailer forecast, the u.s. key same-store sales to grow between 1% and 3%. last year's fourth quarter grew 1.5 year over year. but beyond financials, investors will look into possible investigations. there hasn't been a clear timeline as to when the investigation results will be released from the allegations that walmart issued millions of dollars in bribes to officials in mexico. if you remember, it was last quarter that walmart stated an s.e.c. filings that they have expanded those investigations beyond just mexico and to brazil, china and india. >> you know, this is going to be a fascinating story today. we heard about these leaked memos. walmart knocking it down saying things were taken out of context. i saw something overnight from the nrf, national retail federation where they said something like six out of ten americans say their savings and their budgeting has been somewhat or greatly impacted by the changes in the taxes that kicked in at the beginning of the year. >> and i think it's interesting becau
bomber detonated an explosive device in front of the u.s. embassy. both the bomber and a guard at the embassy gate were killed in the explosion. here in washington, appearing with german prime minister andrea murkle, vice president joe biden condemned the attack. >> i also really appreciate your expression of sympathy for the, what has been -- i don't have much detail, but was characterized by the embassy as a terrorist attack on our embassy in turkey. >>> while no group has said it was behind the attack, turkey's interior minister blames a separatist group opposed to turkey's government. in sharp contrast to last year's benghazi attack, the white house quickly labeled this attack an act of terror. >> a suicide bombing on the perimeter of an embassy is by definition a terrorist attack. however, we do not know who is responsible or the motivations behind the attack. the attack itself is clearly an act of terror. >> reporter: the bombing comes one week after former secretary of state hillary clinton faced intense questioning over the obama administration's handling of security b
quester. certainly a reconciliation after the fact that the u.s. is spending so much more than it brings in. i think one of the interesting things, just around rates, bullard yesterday, for example, said that he expects 3% real growth this year. so 3% real growth and 2% inflation, that gets me to march like a 5% ten-year. we're nowhere close to that. lloyd blankfein was on ur yo showing saying investors, if there is some sort of ex oh dus into stocks, and that's becoming a story -- >> and lloyd has been talking about just the potential for a stock market boom, too. >> dean, the name of your firm is macro, right? >> yes. >> so you're used to looking macro? >> yes. >> but typically, three were four, five years ago, isn't your first thing that you talk about, you mentioned washington, the sequester, the debt ceiling, every single thing you mentioned was policymakers. has it always been like that or is this a different period for your firm? >> this is i think pretty new. >> so it's hard to avoid talking about those things, right? >> that you have to pay attention to central banks, of course,
, denying the reports. and countering it was the victim of u.s. hacking. >>> and the bulls are back from a three-day weekend. can the s&p 500 post an eighth straight week of gains? we've got four days to find out. it's tuesday, february 19th, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin who is back from vacation. let's get started with the markets. as joe mentioned, the s&p winning streak has been a strong one. in the meantime, the dow is coming off a second straight weekly loss. although, really, if you looked at this last week, it was the ever so slightest of losses. u.s. equity futures are indicated higher. dow up by 21 points. s&p is up by two points above value fair and the nasdaq is up about 3. in 20 minutes, we'll turn to predictions on where the markets go from here. then in the next hour, delivering alpo. we'll talk to the manager of a $11.5 billion hedge fund. this fund was up 30% last year. don't miss pine river's ceo brian taylor. on our radar this morning,
on the docket. it hasn't fallen apart like everybody want thad to. here we sit in the u.s. with everybody is buying hand over fist. i've been doing it a long time and i'm still conflicted. i know these corporations have been showing better results. but at the end of the day, we still have qe because of no growth. >> rebecca patterson would tell you you have just enough growth, actually, you have a wonderful spot where it's just weak enough where the fed keeps their foot on the pedal and that's why it's the perfect moment, at least now, for the market. >> i guess it's that little circle we used to have on our baseball bats. we have to be careful about that thing cracking in half. that's what i think a sweet spot is. here we are, you have a 7.9% rate. i can debate all long about whether the housing market is getting better or not. that's the reason why we have this influx of qe. why would we be without qe? ultimately, it's all about growth and we just don't have it. here we go, the stocks are full steam ahead. i can't tell my customers not be on board, but i can tell them not the be on boar
away from those forced spending cuts that will cut across u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home? >> yes, ma'am. >> reporter: so you're n
pink inside the senate intelligence committee today. brennan has been at the center of the successful u.s. mission that both killed osama bin laden as well as the drone strike which took out anwar al awki and brennan said significant threat still remain in the united states as well as the chief bombmaker for al- qaeda whose attempt failed to blow up an american airliner last year and his crist mayday attempt in 2009. -- christmas day attempt in 2009. >> when mr. al-asiri is brought to work it will be because of the work done in the past number of years by some very brave americans in the cia and some other places. >> despite the protests brennan's nomination is expected to sail through the u.s. senate. if confirmed, he will replace former cia director david petraeus who resigned after admitting to an extramarital affair with his biographer. >>> what are you reading these days? coming up why d.c. resident are being called some of the best readers -- resident are being called some of the best readers -- residents are being called some of the best readers in the country. 
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
. ♪ stay in the groove with align. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just defense spending. here's defense spending which is way
for drone strikes targeting u.s. citizens who are suspected operational leaders of al qaeda. the shift follows mounting demands to see the memos from members of congress. >> they should produce this legal document. i don't think they should hold back anymore. >> i'm going to pull out all the stops to get the actual legal analysis, because without it, in effect, the administration is practicing secret law. >> the move comes two days after nbc news reported on this confidential 16-page justice department white paper that summarized the legal arguments for targeting u.s. citizens who are suspected al qaeda leaders, such as american born anwar al. the white house called such targeted kling a lawful act of self-defense and concluded they did not require the target was plotting a specific attack in the immediate future. the contents of the memo drew sharp criticism from some legal scholars. >> it really looks like a subjective judgment by the american official who will make the call. >> civil liberties advocates say the white house move is not enough. >> it's a memo that really ought to be r
memo that includes deadly strikes against u.s. citizens who are operational leaders of al qaeda are a lawful act of national self-defense. among those targeted, an warral aulaqi, killed in yemen in 2011. >> it is a chilling document. it sets out the government's claimed authority. >>> senators are demanding more transparency about the strikes and expected to press josh brennan, the architect of the drone policy. during his confirmation hearings tomorrow. meanwhile, with billions of dollars in crippling budget cuts that go in effect march 1st, president obama urged congress to act. >> they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effect of the sequester for a few more months. >> reporter: what exactly is the sequester? if you think as the federal budget as a t-bone steak, it is like a butcher's knife loping off a big piece, a trillion dollars worth of domestic spending, what experts call the worst way to deal with the budget. they dismissed the president's proposed solution outright. in a few hours the pres
army has been behind a series of cyber attacks on the u.s. the white house is reporting considering fines and other trade penalties. china denies any involvement, but hacking, those stories are big today. back to you, nicole, you're watching google the day after it it broke above 800, where is it? >> yeah, hey, well, let's talk about google, right? hey, i was checking on it, 8.07 was the high and new hundred level and he's he shouting his opening trades and you can see it above the 800 mark at 805, a good one. stuart: and it broke above 800 on our air as of this time yesterday. nicole, yahoo! what's with it, a new look or something, what's that? >> a new look and the stock is up about 1/2 a percent for yahoo! and that's one that we'll watch as the new look as well on their site. so, keep an eye on that one as well. when i think about google though, i have to double-check, but when that initial public offering happened, i think it was like $84 or something. stuart: yes. >> and it's at 807. i'm talking about the cuts, but it was in the the 80's, if you liked the idea then, you're just
. welcome to sidewalk. as we can see here, and i feel like the weather girl, but u.s. equity futures are feeling slightly higher today. we have a couple of quarterly results hitting the tape in the last few minutes. cigna reporting earnings and revenues ahead of estimates. earnings topping estimates by a nickel. we're going to continue to follow both of those stories for you this morning. scotty, back over to you. some mandy, thanks so much. now over to the weather channel. eric fisher joining us to talk about this major winter storm heading our way. good morning. >> this could be one for the record becomes here over the next couple of days. it starts in the midwest. not to ignore what's going on here across michigan, wisconsin. chicago, sleeting rain, sleet this morning, a bust of snow this evening. biggest snow totals, eastern michigan. the bull's eye is right around sagin saginaw. so difficult travel there. the cold air and this slipper moving through the states. then we've got the rain across the south. that's ingredient number two. area of low pressure there that keeps a wet day
and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful >>> eighteen foreign tourists were killed in egypt whether a hot air balloon exploded in midair and crashed to the ground. three people survived the crash near the famous city of luxor. they are in a local hospital this morning. tourist from france, britain, japan and hong kong were among at least 20 people on that balloon ride. >>> today marks one year since a florida teen, trayvon martin, was shot and killed sparking nationwide outrage from civil rights groups. george zimmerman is expected to stand trial for second degree murderer in the case in june. neighborhood watch man at the time claims he shot martin in self-defense in arrested coddance with the state's stand your ground will you. martin's parents will mark harrison's death with a candlelight vigil in new york city tonight. >>>
the beaches, there are naturally going to be more attacks. >> it's been 557 days since the u.s. lost its top credit rating. what are we doing to get it back? jobs are key to the economic recovery. they said we have been making progress but warned a prosperous job market is going to take years to come. >> and now the paternos fighting back. a new report commissioned by the family called an investigation into the penn state sex scandal factually wrong, speculative and fundamentally wrong. they hired three experts to rebut the penn state report that claimed that paterno and three other officials famed to protect children from being abused by former coach jerry sandusky. hout front is jay paterno, and dick thornburg, one of three experts hired by the paterno family. great to see both of you, and good to see you, jay. thank you so much for coming in. you have put a lot of time into this report. you feel that your father was wronged. this has become a cause for you. >> well, the report had a couple aims. one was to get to the ruth. and i think that's more important than anything. and a second thin
their justice system is similar to the u.s., but there are plenty of big differences and you'll hear about those coming up p. >>> and another big story we're folk here in the united states, a ferocious snowstorm paralyzing a huge section of the country. dumping snow from kansas to michigan, all across the region. schools are closing, flights grounded. it will be a real mess out there. cars sliding across icy roads. >> and this scene in chicago pretty typical. there have been hundreds of accidents. in oklahoma, one was deadly, a teenager reportedly killed when his truck crashed. >> conditions in kansas also pretty treacherous. more than 14 inches of snow fell in wichita. only one other storm in the city's history was worse. that was more than 50 years ago. >> let's go to wichita. how are people dealing with this much snow? >> reporter: well, most schools and universities in kansas and missouri are closed today. businesses throughout the region were closed all yesterday. they opened a lot later today. and the kansas government also started a little later today, around 10:00. usually they're in ear
ambassador to the u.s., michael oren, with the president's upcoming trip to israel. >>> after a very cold stretch, new england is warming up. we will watch the clouds and rain moving in. you don't need the haveneaviest all coats today but you need an uchl brel la. rain in new england southward to new england and baltimore areas and watching rain from buffalo to cleveland to pittsburgh and just about done in south atlanta and you will get rain in your morning rush hour and mobile and pensacola and panama city. the only snowy weather is to the north behind the storm, breaking out from green bay, oshkosh to chicago. and behind that, it is extremely cold this morning from minneapolis through north dakota. that's a minus 45 windchill in north dakota this morning. that is not fun by any's standards. the next significant storm will arrive on the west coast, as we arrive throughout the day today and move to the middle of the country, especially wednesday night and thursday, potential m major winter storm in kansas and illinois and missouri and iowa. we leave you with a nice sunrise shot there, be
that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted accordingly. our need to keep pace with these changes remains imperative, and the stakes have never really been higher. in some industries, a single trade secret is worth millions or even billions, billions of dollars. >> this report today follows up on the president's executive order that he signed last week to try to beef up cyber security efforts, but new programs such as better information about cyber threats between u.s. intelligence agencies and private sector companies will take time to roll out. david and liz? liz: thank you, peter, very much, peter barnes. david: news from the fed minutes moving markets today
and pension committee, thank you for joining us. >> discussing president obama's announcement that the u.s. will reduce troops sent to 34,000 by next year. the education week staff writer outlined by president obama, and the federal trade commission talked about a recent study that found that 5% of people who, it could affect their ability to borrow money. next, the u.s. army chief of staff talks about the future of the army. and then president obama on gun legislation and the plan to help the middle class. democratic leaders outlined their plans to avoid federal budget cuts. >>-saturday, we are in savannah at 4, georgia for live coverage of the book festival starting at 10:15 east turn on the future. a former navy psychologists on lessons i learned that combat hospital. the chief washington correspondent on the war in afghanistan from the outpost. a presidential historian, and of 4:00, and gary wills asks, why priests? live saturday on c-span to. >> he thought she was the smartest person he ever knew and he knew how much she loved him. he knew that she would tell him the truth. she wasn't
u.s. citizens who are suspected operational leaders of al qaeda. >> the news came after this white paper that summarized the legal arguments for targeting u.s. citizens who were sus secretaried al qaeda leaders such as a lackey kic al awlaki been charged for a crime. they call it a lawful ability of self defense and concluded they did not require that the target was plotting a specific attacks in the immediate future. the content contents of the memo drew sharp criticism there some legal scholars. >> it really looks like a subjective judgment by the american official who will make the call. >> and civil liberties advocates say the memo is not enough. >> it should be released to the public. if the administration is going to be claiming the authority to kill american citizens, it has an obligation to explain that claim to the public. >> the drone debate will be front and center today when white house counterterrorism adviser john brennan faces his confirmation hearing to be the new cia director. brennan has been the architect of the drone policy and one of its biggest defenders. >> i
, why the stakes for u.s. global engagement are so high. >> today's global world, there is no longer anything foreign about foreign policy. more than ever before, the decisions that we make from the safety of our shores don't just ripple outward. they also create a current, right here, in america. >> reporter: former high-level diplomats say the eyes of the world will be on kerry and where he flies. >> first trips by an american secretary of state overseas are watched very closely. there's a lot of symbolism attached to them. people look for clues as to which region is most important to the united states. >> reporter: his predecessor, hillary clinton, headed east for her first trip. part of the obama administration's pivot to asia. kerry's trip goes to nine countries. italy, turkey, france, egypt, saudi arabia, the united arab emirates and qatar. he needs european support in the ongoing dispute over iran's nuclear ambitions. and for any next steps to help the syrian opposition. already, the opposition coalition, angry over not getting the military arms they want, is refusing to atten
at the new york stock exchange. the day after we broke a lot of records for the u.s. markets, we're looking at an update for the dow. the s&p looking to give back just a little bit, along with the nasdaq. as for the picture over in europe, some comments from germans chancellor angela merkel about the euro saying between 130 and 140 for the u.s. dollar is normal. those are the comments being focused on this morning. a mixed bag in terms of europe and take a look at the picture in asia. the nikkei, the one to focus on, closing at a 4 1/2-year high in yesterday's session. >> fresh five-years for the s&p and dow, fresh 12 years for the nasdaq, helped in part by a renewed appetite for deal making. >> cracks in the housing picture this morning, january starts to decline 8 1/2%. toll brother earnings sharply miss earnings. >> could demand for the iphone be cooling? fox con pressuring shares this morning. >>> the rally continuing with the dow and s&p having their best day in two weeks. nasdaq closing at 12-year highs. dow less than 130 points from closing at an all-time high. guys, a lot of discuss
that the u.s. government can order the killing of american citizens if they are believed to be senior operational leaders of al-qaeda or an associated force -- here's the key line -- even if there is no intelligence indicating they are engaged in an active plot to attack the united states. so that policy is that we believe justice department is saying it is perfectly legal to use drones, not just to go out and kill people that we think might some day plan an attack against the united states who are not friendly to the united states. but also to kill americans anywhere on the planet whom we think are traitors or may some day, plan something against the united states even if there is no evidence that they are now engaged in an active plot. raises the whole question about drone warfare. i'm torn about it because it's a different kind of warfare. i mean, certainly, i would like to know what you think about this. 1-866-55-press. the problem i believe is we've got this technology. we are using it. we are using it more than anybody has ever used it before. i mean i forget how many -- you kno
picture in the u.s., the first lady=í gown was, of course, a huge hit. was not the case in irane1iant(h wardrobe adding sleeves, raising the neck line on thee1çó glitte gown before circulating the image in iran. presumably it was a bit too revealinp for their culture, t before announcing best picture winner, mrs. obama,q she wore that dress to a white house dinner for the nation's governorsfá and, of course, the were no complaints. it was a gorgeous gown. >>> "cnn newsroom" continues right now. >>> it is the real life armageddon t(movie. scientists hope to crash a spaceship into an asteroid, all to prove we can be saved. the news is now.g a hot air balloon, full of pa&h% tourists, crashes to e1earth. but why? >>> plus, the bi >> we should notfá have to move third bill before the senate getse1 off their -- and begins do something. >> accusations fly just three days before automatic cuts hit ) rrñu and -- ♪ who let the dogs out >> investigatorskoo7o looking this kid's parents, a 10-year-old rapper whose video is raising a fewó[ so is the criticism fair? we're on it. i'm broo
of chinese military was responsible for stealing data from at least 141 u.s. and canadian companies. >>> and "the seattle times" from the business section, boeing's developed a possible fix for the battery issue that's plagued their 787 dreamliner since the beginning of january. executives are expected now to present their solution tomorrow when they meet with faa officials, hopefully the battery won't cause the plane to blow up. industry officials say the plane could be back in the air within two months. pike, are you going to ever fly on one of those? >> no. >> there would have to be like a shakedown cruise for a couple years. >> maybe five years from now. >> the wings fall off. >> stop is it. "the new york times," struggling to turn a profit and grow its subscription base, "the new york times" company is looking to sell "the boston globe." >> mike, here's your chance. >> revenue for "the globe" -- >> you and welch. >> 78% from last year. >> setting money aside. >> outside analysts estimate "the globe" could sell for nearly $150 million. >> not happening. >> that's not going to ha
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. >> reporter: many u.s. catholics are outraged because recently released court documents show mahoney helped protect accused pedophile priests from law enforcement. >> his attendance at the conclave is a slap in the face to catholics and to victims. >> reporter: in the 1980s, she was abused by a catholic school teacher. she's now an activist with s.n.a.p., survivors network of those abused by priests. >> here's a man that we now know through these documents released over the past month, for 25 years in the archdiocese of los angeles he covered up for child sexual abuse. >> reporter: newspaper columnist michael fit gerald was an altar boy in the '80s for mahoney. >> it's an issue of moral authority. they flouted the law, so he has no place voting for the church's highest spiritual authority. >> reporter: but mahoney isn't staying silent. far from it. on monday from rome he enraged his detractors by blogging this response to the controversy -- i can't recall a time such as now when people tend to be so judgemental and even self-righteous, so quick to accuse, judge and condemn. and often with s
since the u.s. lost its top credit rating. what are we doing to get it back? with forced spending cuts set to take effect in four days, ben bernanke says the cuts would add a significant burden to the recovery. the congressional budget office says economic growth would take a hit of just over half a percent this year alone. >>> now our fourth story "outfront," remembering trayvon martin. tonight hundreds of people are gathered in new york city to remember the 17-year-old one year after he was shot and killed by a florida neighborhood watchman, george zimmerman. trayvon's parents attended the vigil at union square and observed a moment of silence just a few moments ago in memory of their son. george zimmerman says he shot trayvon martin in self-defense and zimmerman remains in florida, where david mattingly is tonight with the latest. david, you are obviously in sanford where this tragic incident happened a year ago today. what's happening there? >> reporter: erin, what we saw happening here tonight was very similar to what we saw in new york, very similar to what might be happening in
to libya when the u.s. consulate was attacked last september. he also said for the first time, or he said for the first time that the defense department supported arming rebels in syria. that's a direct contrast to the official position of the obama administration. >>> funeral services will be held at arlington cemetery today for a virginia soldier. 28-year-old sergeant aaron whitman was a graduate of the citadel. he was on his second deployment to afghanistan when he was killed last month. he was the first u.s. combat casualty of the year. he was based out of fort stewart, georgia. >>> the first lady will attend the funeral of the murdered chicago teenager who performed at the president's inauguration. funeral services for hadiya pendleton will be held tomorrow. police say the drum majorette was talking with a group of friends last week when she was shot in the back by a stray bullet. so far, no arrests in this case. but it has brought renewed attention to chicago's high moderated and the debate over gun violence in america. >>> in the developing massive man hundred in california, a fire
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